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Board member reports NASBA annual meeting: CPE, alternative practice structures and deregulation risks on agenda
Summary
A Connecticut board member who serves as a NASBA regional director briefed the board on national discussions about CPE, alternative practice structures and deregulatory risks stemming from last week’s NASBA annual meeting.
A Connecticut board member reported key takeaways from the National Association of State Boards of Accountancy (NASBA) annual meeting in Chicago during the board’s Nov. 4 meeting.
The NASBA meeting covered several topics the board identified as relevant to state regulation. NASBA and the American Institute of CPAs have agreed to form a task force to reexamine continuing professional education (CPE) requirements, including the common U.S. standard of 40 hours per year (or equivalent) and whether the current approach adequately addresses…
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